by DevNadkarni | May 13, 2025 | Uncategorized
The countdown has begun for the second Pacific Infrastructure Conference, set to take place from 18-20 August 2025 at the Brisbane Convention and Exhibition Centre. The event will bring together decision-makers, developers, investors, and community voices from across...
by DevNadkarni | May 13, 2025 | 2025, Blog, Pacific
This report is condensed from an interview with Nada Choueiri, Deputy Director of the IMF’s Asia and Pacific Department, Washington DC by PACNEWS Senior Journalist Pita Ligaiula. Pacific Island countries (PICs) are grappling with a complex array of economic...
by DevNadkarni | May 13, 2025 | Uncategorized
New Caledonia has imposed a 50-year ban on deep-sea mining across its entire Exclusive Economic Zone (EEZ), covering approximately 1.3 million square kilometers. This move positions the French Pacific territory among the most restrictive globally concerning seabed...
by DevNadkarni | May 13, 2025 | 2025, Blog, Nauru
Nauru is preparing to transition its government banking services from the Bendigo Bank Agency to a new service provider—the Commonwealth Bank of Australia (CBA)—with the public and state-owned enterprises (SOEs) urged to act promptly to facilitate a smooth changeover....
by DevNadkarni | May 13, 2025 | 2025, Blog, Vanuatu
Concerns are mounting over the fate of a VT2 billion (US$16.5 million) deposit made by the Vanuatu Government in 2019 for Airbus aircraft that have yet to be delivered. The deal, intended to mark a bold expansion for the national carrier, has become the subject of...
by DevNadkarni | May 13, 2025 | 2025, Blog, Tuvalu
In April 2025, Tuvalu marked a significant milestone in its financial history by unveiling its first-ever Automated Teller Machines (ATMs). This development signifies a transformative step toward modernizing the country’s banking infrastructure and enhancing...
by DevNadkarni | May 4, 2025 | 2025, Blog, Palau
Palau, an island nation of approximately 17,000 residents, has emerged as a focal point in the geopolitical contest between the United States and China. The U.S. maintains critical military infrastructure in Palau, including airstrips and radar installations, making...
by DevNadkarni | Mar 31, 2025 | 2025, Blog, Vanuatu
The 7th Australia Vanuatu Business Forum, held from 12–13 March 2025 at the Warwick Le Lagon Hotel, marked a significant advancement in bilateral economic relations. The event brought together business leaders, policymakers, and industry specialists to explore...
by DevNadkarni | Mar 31, 2025 | 2025, Pacific
The Trump administration’s sweeping imposition of new tariffs on a wide range of imports has triggered a global economic shake-up — and small Pacific Island nations are finding themselves caught in the fallout. While not direct players in major global trade wars,...
by DevNadkarni | Mar 31, 2025 | 2025, Blog, News, Pacific
The Australian arm of the UK Government’s Pacific Business Club was launched last month – a timely and strategic initiative designed to support the development of Pacific Island Countries by leveraging the strength and experience of UK-headquartered companies....
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